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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: rairden who wrote (22509)	7/27/2000 12:59:13 PM
From: michael97123	Respond to of 25814

Its worth holding until the end of the summer slump in september. Look at the chart, IMO we have 10% downside from here with a possible bounce because of the overdone nature of the collapse.

To: rairden who wrote (22509)	7/27/2000 2:00:35 PM
From: hhieslmair	Respond to of 25814

I too am having fundamental issues with buy and hold strategy. While I think trading on anything less than a three month cycle is too short, 9 to18 months might be the optimal trading time, because tech in general can shift and change significantly in that time period. For instance, 18 months ago, VTSS had an amazing business with clear skies as far as the eye could see. Now their business is being challenged and they are shifting their business plan. They are smart people at VTSS and it may or may not be a good buy - my point is just that things change and holding a stock for three years can be really risky. As for LSI, I think their business is very compelling, they have a good story. But good stories are what created the whole internet boom and collapse. Then the emphasis shifted to good earnings. Analysts are MBA types (that is neither good nor bad) and their motto is "show me the money/earnings" One might lament that they are not technically educated enough to fully realize the potential of LSI but it also happens that a lot of good technologies and tech/companies have met their demise. I for one don't see how LSI could not do well in the future, but there is always a risk.